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  "path": "/2026/biz/global/paramount-exit-universal-uip-venture-eu-approval-merger-1236799919/",
  "publishedAt": "2026-07-01T11:29:30.000Z",
  "site": "https://variety.com",
  "tags": [
    "Global",
    "News",
    "European Union",
    "Paramount Skydance",
    "Warner Bros Discovery"
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  "textContent": "Paramount will exit its United International Pictures distribution joint venture with Universal as a condition for EU approval of its $111 billion takeover of Warner Bros. Discovery. The move is in response to a request for Paramount to exit the venture made by the European Commission’s anti-trust watchdog last week. The European Commission said on Wednesday […]",
  "title": "Paramount Set to Exit Universal Joint Venture as Condition for EU Approval of Mega-Merger With Warner Bros. Discovery"
}